Non-Woven
Abrasives are manufactured when abrasive grains are fused with nylon
fibers and are bonded together with the help of synthetic resins such as
phenolic, epoxy, and others. The global non-woven abrasives market is
projected to grow significantly on account of increasing demand from
major end uses such as transportation, building & construction,
textile, electrical & electronics, industrial machinery, and others.
Growing demand from transportation and electrical & electronics
industry due to increasing demand of both vehicles and portable
electronic devices and rising applications of abrasives in electrical
industry is anticipated to drive growth of the market. Additionally, the
developing countries along with developed economies are rapidly taking
up infrastructural developments, wherein non-woven abrasive is majorly
used. On the backdrop of the growing environmental concern and
regulatory norms against the conventional fuel based automobiles around
the world is fuelling demand for electric vehicles. Moreover, the global
abrasive Market is estimated to grow at considerable CAGR during 2017
to 2023 to drive demand of the products forward. However, the major
constraining factor operating in the market is a volatility in crude oil
prices which may affect the resin prices to negatively impact non-woven
abrasives Industry.
Non-woven abrasives Market- Competitive Landscape
The global Non-woven Abrasives Market Analysis is a highly mature market with significant number of major players operating into the market.
The
market is primarily driven by flourishing construction, automotive and
transportation equipment industry. The market is greatly concentrated by
the presence of significant number of large players yet, 3M,
Saint-Gobain, Mirka Ltd., Hermes Schleifmittel GmbH, Zhengzhou Kingshark
Abrasives Co., Ltd. are the key manufacturers in this market. Almost
all of these market participants are primarily adopting the expansion
and product launch tactics to strengthen their market position. Growing
automotive industries, and continuously rising demand from construction
and industrial tools & equipment, along with the collaborations and
agreements between manufacturers, distributers, and marketing firms are
key market forces operating in the market for the growth of the demand
for non-woven abrasives. Considering these trends, the global non-woven
abrasives market is likely to witness competition over the forecast
period of 2017-2023.
Industry/ Innovation/ Related News:
December 8, 2017-
3M, the U.S. based technology innovation company, entered into
agreement with KUKA Robotics Co., Ltd. and FERROBOTICS Co., Ltd. of
Germany and unveiled the joint polishing station with the theme of
"technological innovation and power-making" at 3M Shanghai R & D
Centre. The leaders of the tripartite parties aspire to jointly build
the first joint polishing mill in Asia and join forces to focus on the
technological innovation and research and development of the grinding
process and promote the revolutionary development in the grinding field.
April 20, 2017-
The government of India have plans to promote use of technical textiles
in the country with the textile ministry already having discussions on
the subject with ministries of agriculture, urban development, health,
and surface transport. The ministry plans to soon have meetings with
other crucial ministries such as defence, railways, and heavy
industries. This favouring conditions on part of government is
anticipated to propel growth of the market in this region during the
years to follow.
October 12, 2017-
The U.S. based global chemicals manufacturer and exporter, Huntsman
Corporation launches a new inks for color-fast technical textiles scope
of responsive inks that deliver exceptional light-and weather-fastness
for digital printing of polyester strands. TERATOP® XKS HL inks are
designed to enable mills to produce technical textiles with the most
astounding colour -fastness performance for the automotive, outdoor
furnishings and home textiles industries.
November 22, 2017- China
based Hismer Bio-Tech expressed its plans to manufacture biomass fibre
from an exceptionally irregular source: shrimp and crab shells. The raw
material used for this purpose is around 10,000 metric tonnes of the
shell waste, which is procured from from seafood preparing organizations
in China's ports of Qingdao, Yantai, Dalian and Ningbo a year for the
generation of somewhere in the range of 6,000 tons of biomass fibre. It
has turned into the world's biggest marine renewable manufacturer.
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